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BB&T Corporation Message Board

  • c1smittycc c1smittycc Nov 8, 2009 11:42 AM Flag

    C just lost another lawsuit

    Tousa builder bond holders This was a first and money involved was 700 million. Ruling was based on incorrect/incomplete information provided by banks to bondholders. If upheld will be a landmark and will impact most banks involved in loan origination and sale of loas to bondholders, basically all banks.

 
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